Investor Presentaiton
FMN
Segment Financial Summary
Food and Agro-Allied Group
Profit growth driven by continuous improvement and cost efficiency across all the business
segments
Segment Revenue (N'bn)
Segment Profit Before Tax (N'bn)
%
FY'21
FY 20
Q4'21
Q4'20
Change
%
Change
FY'21
FY 20
%
Change
Q4'21
Q4'20
%
Change
Food
36.4
26.5
37
28.0
20.0
40
Food
478.3
358.4
33
134.4
96.3
40
Agro-Allied
13.9
0.5
2,667
5.1
0.4
1,044
Agro-Allied
139.4
105.5
32
33.8
24.2
40
Sugar
6.9
5.1
34
(0.1)
(0.2)
76
Sugar
124.6
97.6
28
34.4
30.0
15
Support
1.9
(2.6)
174
2.5
(3.0)
185
Support
29.2
12.3
137
13.6
(0.1)
10,616
Intercompany
(22.0) (12.0)
(83)
(22.0)
(12.0)
83
Total
771.6
573.8
34
216.3
150.3
44
Total
37.2
17.5
113
13.6
5.3
158
Segment Revenue Contribution
62% Food
18%
Agro Allied
16%
Sugar
4%
Support
Segment Profit Before Tax Contribution
0
62%
Food
24% Agro Allied
12%
Sugar
3%
Support
FLOUR MILLS OF NIGERIA PLC | INVESTOR PRESENTATION FULL YEAR 2021
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